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Philippine central bank developing online gambling rules for banks, e-wallets

7 August 2025
in Business
Reading Time: 4 mins read
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Philippine central bank developing online gambling rules for banks, e-wallets
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By Luisa Maria Jacinta C. Jocson, Senior Reporter

THE BANGKO SENTRAL ng Pilipinas (BSP) is developing rules that require financial institutions to impose stricter safety protocols in an effort to mitigate risks from online gambling.

In a statement on Thursday, the central bank said it is “taking action to protect financial consumers from the risks associated with online gambling.”

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